Steele Insulators is analyzing a new .10 type of insulation for interior walls. The initial fixed asset requirement is $1.62 million, which would be depreciated straight-line to zero over the 7-year life of the project. Projected fixed costs are $288,500 and the anticipated operating cash flow is $133,900. What is the degree ?of operating leverage for this project (1 (1 ) 3.92 3.15 3.11 3.06 3.66 Assume an investment has cash flows. 11